by Engaged BT | Jul 18, 2022 | Engaged Business Turnaround
Ramaphosa’s Eskom 2.0 is a dog whistle to the left Is the door to private sector participation in the state sector opening again? “With the drastic deterioration in public infrastructure and the desperate need for private sector capital and expertise it...
by Engaged BT | Jul 15, 2022 | Engaged Business Turnaround
Laid-off CNA staff still waiting for payouts due to acquisition delay. CNA’s business rescue practitioner says the process will be concluded shortly with a better outcome than with liquidation. The process of signing settlement letters with each employee...
by Engaged BT | Jul 14, 2022 | Engaged Business Turnaround
Transnet signs loan deal with international banks worth over R25bn SOE Transnet has agreed to a 5-year loan with international lenders, led by Deutsche Bank, in its biggest funding transaction in 7 years to refinance existing debt and fund its expansion...
by Engaged BT | Jul 12, 2022 | Engaged Business Turnaround
Mara smartphones get a fresh, strong signal Lebashe Investment Group, new part-owners of Mara smartphones, is bullish about #turnaround of the distressed company – with local manufacturing providing a competitive edge. READ MORE TURNAROUND...
by Engaged BT | Jul 11, 2022 | Engaged Business Turnaround
Basics of business rescue toolkit. Restructuring companies in financial distress is on the increase globally. Werksmans Attorneys’s Eric Levenstein and Lauren Becker answer the most frequent FAQs. See the Toolkit here: ...
by Engaged BT | Jul 8, 2022 | Engaged Business Turnaround
Fear factor: Overcoming human barriers to innovation. Innovation is more ambiguous than any other business activity, requiring bold bets in the face of uncertain outcomes and a willingness to persevere despite setbacks, criticism, and self-doubt. Given...
by Engaged BT | Jul 7, 2022 | Engaged Business Turnaround
Huge to buy former Virgin Mobile network business. JSE-listed Huge Group is buying Tethys Mobile, previously known as Virgin Mobile SA, which has been in business rescue since 2020. Huge Group will acquire Cell C’s claims against Tethys, plus the claims...
by Engaged BT | Jul 5, 2022 | Engaged Business Turnaround
Welcome to SA: The country is back in business for global tourism. Is SA’s tourism living up to its full potential? Considering Australia gets roughly the same number of visitors as we do, and it’s a distinctly long-haul destination, shouldn’t...
by Engaged BT | Jul 4, 2022 | Engaged Business Turnaround
The government may finally have seen the light on the energy crisis. Let’s hope this is the turning point… It seems to have taken stage 6 load-shedding for Gov to realise it needs to relook its outdated Integrated Resource Plan, writes Business...
